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20120925
20121003
Search Results 0 to 13 of about 14 (some duplicates have been removed)
oracle headquarters in san francisco, where i'll be speaking exclusive by with oracle president mark hurd later on in the program. hope you'll stay tuned for that. >>> meanwhile, we've got to talk about this big rally. i have to ask hurd what he makes of this market. for whatever reason, it keeps going higher. >> yeah, whether that has something to do with corporate earnings, we will know soon enough, momm maria. the dow was up 163 points at one time today. at the high of the day, the big gains coming before investors took in fed chairman bernanke's comments this afternoon we've all been talking about. we will have reaction to that address in the q&a session plus the outlook for the last three months of the year in just a moment. first a look at the major averages. a rally on the open this morning, mainly on the report that manufacturing started to grow again for the first time since may. construction spending was not great. that may have taken some of the sheen off this rally today. the dow up. 117 points right now at 13,555. the nasdaq's up 5.25 points. well off its high set in the open
software-maker oracle. the finnish cell phone company is giving oracle access to its mapping services. financial details of the deal were not disclosed. but the move comes as nokia recently signed mapping deals with groupon, and amazon. last week apple's c.e.o. apologized for the shortcomings of its new map service. >> susie: and american express has agreed to pay millions of dollars in refunds to settle accusations from regulators that it deceived customers. the violations include: unlawful late fees, misleading consumers about debt collection, and age discrimination. amex will pay more than $100 million in fines, and give payouts to about 250,000 customers. consumers that qualify will receive payments by next march. >> tom: the early optimism by investors and traders faded throughout today's stock session with the major indices ending mixed. the s&p 500 shot up to its highest price of the day just after 10 a.m. eastern time on the heels of the better than expected manufacturing data. but prices trended lower throughouthe session, ending up 0.3%. trading volume was 671 million shares
oracle customers some of the access to their mapping products, so we'll continue to watch that, and you know mapping has been such a big deal as apple has had such a hard time with the iphone 5. this is something interesting that nokia's doing along with oracle, and they've made some other deals with groupon and amazon. another thing with nokia, you can sees the higher today. the consulting and outsourcing group accenture has brought some internet protocol television assets from nokia, so this is something we'll continue to watch, and this will bolster the video capabilities of accenture, so two pieces of news featuring nokia, but as i noted, that is nearly an 8% gain for this mobile phone company. certainly a big move on a day where we do have a rally, which we've lost some of it, but a great move for nokia today. pack to you. ashley: thank you very much, nicole. let's go out to the cme and sandra. take it away. >> reporter: hey, ashley. well, some of your biggest movers on the cme today were in the energy sector. take a look at natural gas prices jumping 5 president on the session. we
oracle customers access to nokia's map services. the agreement would be announced today at the oracle world conference. i've never known that maps would be so important in everybody's lives. such big important -- >> huge. >> saw something over the weekend about -- >> ever a day when apple gets maps? >> apple has a lot of money. if they just start pouring all money they have into making this better, they've gotten the message. >> i talked to engineers on bring that said it is impossible, it might take you three years to get the information to be correct. it's actually the data. >> and google has truck has go up and down -- carl had written that one drove by his, the google truck that has the camera going around. >> you can't just write an al go rhythm that finds every single side street. it's a lot of roads. >> use everybody who has an iphone to replicate what google has done by having people literally use their iphone to actually take pictures of buildings. >> to help? >> yes, to help to try to recreate crowd sourcing operation. >> i'm not helping. that could be a tux tie. >> it's a w
, effective october 22nd. he helped to restructure a software company that sold itself to oracle too. that's the kind of activist cfo yahoo! needs. the fact that she picked him tells them they're going in the right direction. the plan we will hear more about when they report in two weeks, i think the stock can start marching higher. the reason is simple. the company can get aggressive about unlocking the pieces, and yahoo! has got a lot to unlock. last week goldman sachs came out with a terrific piece. i said i'm changing my mind. this is really good research where they added yahoo! to the buy list based on the sum of the parts analysis, some of the most rigorous analysis on yahoo!. let's go through the pieces. first, yahoo! owns a major stake in ali baba, like the ebay and paypal of china. the old management didn't know what to do with it. that changed back in may when mayer's predecessor interim ceo ross levinsohn worked out a deal to have ali baba buy back half of yahoo's position. this sale closed less than two weeks ago with yahoo! netting $4.2 billion in cash after taxes and fees. an
following breaking headlines. looking at nokia in particular. nokia now agreed to give oracle customers access to its mapping products. so obviously we have nokia, the mobile phone company, just trying to expand its location services business. you may remember that apple had a lot of serious issues with their mapping services. nokia has been working really hard on mapping, to sign mapping deals with groupon and amazon. this is the same time apple is working on that deal. nokia up 8%. back to you. ashley: very good. tracy: we'll check back with you in 15 minutes, nicole. ashley: tracy, doesn't like syrup on her pancakes. tracy: i don't. i don't use condements. no ketchup, mayonnaise, mustard or syrup. ashley: i just don't get it. is the u.s. economy in a double-dip recession no one knows about? even though we're up big today, economists are saying key economic data is being ignored. why? what is it? liz macdonald joins us. >> we had a wall street executive jon huntsman. he said we're already in recession. it started in the middle of the year. who else but ben bernanke is weighing in whet
Search Results 0 to 13 of about 14 (some duplicates have been removed)